The Right Answers
"The company owns five film studios (including Touchstone Pictures and Miramax Pictures); two record companies; three printing companies; four magazines; Walt Disney theme parks in California, Florida, Tokyo and Paris; and the Mighty Ducks National Hockey League franchise. Disney added the ABC Television Network (with 225 affiliated stations); ten broadcast television stations (reaching 25 percent of the U.S. market); four cable TV networks (ESPN (which launched in 1979), ESPN2, Lifetime Television (launched in 1984, formerly the Cable Health Network), and A&E; Television); 21 radio stations; two publishing companies; seven daily newspapers; and six international media companies in Luxembourg, Paris, London, Tokyo and Munich."
" Westinghouse boasted direct ownership of fifteen television stations covering one-third of the nation's viewers. In June, 1996, Westinghouse purchased the Infinity Broadcasting Corporation for $3.9 billion. Infinity owned 44 radio stations across the country, including New York City's KROC which broadcasts the nationally syndicated Howard Stern Show.